Can you say you made money if you never actally sell your coins?

[Bitcoinislife09]

Should you hodl forever?  Does everyone have a price?  What is yours?   

It will not make any sense if your gonna hold your tokens forever I think the right thing to do is to not stop investing in bitcoin. We will always end up selling our bitcoin because we need that profit and it's the main reason in the first place why we started to invest in bitcoin because we need that profit. It just feels like you lose some money if the price continues to pump after you sell your bitcoin so i think the thing is you should never stop investing and always invest in every possible deep that you could invest to so that income or your profit will not stop.

[chaoscoinz]

I think you can definitely say that you have made your money, it just shouldn't be measured up against fiat for a accurate comparison. The question you ask can only be answered with an subjective answer. There are a few who hold there digital coins and see gold every time they check their wallets. Others see bytes of 1's and 0's. It's really a lot like viewing the glass half empty or half full. when i see my coins, I have very little, to me I see a potential fortune, even if those coins happen to be worth a thousandth of a cent.

[Twentyonepaylots]

There are many types of wealth, cash is just one of those. Who cares if your wallet is empty? As long as your investments are flourishing and is profiting very hefty sums, you are winning and you are making money, it is up to you if you want to liquidate the earnings for consumption, but a wise person will use the profit itself to expand his venture, which will in turn make him more money in the process.

[abel1337]

Should you hodl forever?  Does everyone have a price?  What is yours?   

Holding bitcoin forever makes no sense, You should hodl your bitcoins up to the price that you will get your satisfaction in selling it. If you believe that your bitcoin is worth $150k go hold it until your beliefs happen. Most of us have a certain exit price goal in selling our beloved bitcoins but it just happens that some of us sell at an unwanted price due to some reasons like panicking on a bear season and selling bitcoin on a loss. Before in this bull run, I'm sure there is someone who regrets seeing the price now because they sold their bitcoins early. This shows that patiently waiting for your satisfactory price is worth it, not having regrets in selling it early.

[tinopener]

The beauty of bitcoin being just electricity is you can take it to heaven and even other dimensions with you.

[wxa7115]

Holding bitcoin forever makes no sense, You should hodl your bitcoins up to the price that you will get your satisfaction in selling it. If you believe that your bitcoin is worth $150k go hold it until your beliefs happen. Most of us have a certain exit price goal in selling our beloved bitcoins but it just happens that some of us sell at an unwanted price due to some reasons like panicking on a bear season and selling bitcoin on a loss. Before in this bull run, I'm sure there is someone who regrets seeing the price now because they sold their bitcoins early. This shows that patiently waiting for your satisfactory price is worth it, not having regrets in selling it early.

It depends, many people are expecting that bitcoin eventually gets adopted all over the world and you can use it to buy whatever you want, in that case it makes sense to hold bitcoin forever, that does not mean that you are not going to spend it ever, what it means is that you will wait until that scenario happens and then you can take advantage of it by paying with bitcoin instead of selling it and then buy what you want.

However the scenario that you are presenting is not bad either, as long as you can hold until bitcoin gets to your target price then you can sell when that happens and then buy what you want, neither of those scenarios are better than the other, at the end all of this depends on your goals and what you want to achieve with the bitcoins your currently holding.

[lovesmayfamilis]

The best thing you can do today if you have bitcoins is to hold.
Bitcoin has very specific properties that continually exacerbate its scarcity. Many are already asking, is it possible that Bitcoin will not be enough for everyone?
Large companies today are buying up bitcoin and sending it to cold wallets. That is, the supply of bitcoin is limited, which means that the higher the demand, the more expensive it will be.
Now one might ask, why sell bitcoin if it is not a vital situation? If there is no particular need, you need to have patience and keep it as long as possible. You will definitely stay profitable if you don’t do anything with your bitcoins for a while.

[Becky666]

Should you hodl forever?  Does everyone have a price?  What is yours?   

Not even Satoshi himself or themselves will hold for-life becasue we are all here for profit and technology development. In my opinion everyone here have their price respective to their adaptation, if you are holding for a period of time then after it expiration profit can be harvested, so, without selling out your portfolio there is no profit IMO. Am not a forever holder but usually have some of my coins converted into fiats for safety in my daily activities.

[kotajikikox]

Should you hodl forever?  Does everyone have a price?  What is yours?   

This does not come to my mind , but great question mate ..

Imagine that the world of crypto circling in the Saying that Keeps on HODLING but are we really profiting while we are only Holding? the value is increasing but we have not assurance if this will stay high or comes low tomorrow while we sleep.

Like what 2020 March happen when overnight the value fell more than Half without others knowledge and views as the Corona trigger it all.

[gurunanakji777]

Actually, when your portfolio grows more than your principal amount you can say you made money. Hodl Forever means how many years you should clear it? Nobody is going to hold forever whenever he/she achieves its set target he/she will sell their coins. Even some traders never decide whether to sell or not and about me, I will hold until and unless I achieve my set target.

[Nunoluck]

Many people suggest to hold bitcoin but it doesn't mean that people must hold it forever. For me hold bitcoin means that we must hold bitcoin when the price fall lower than the price when we bought it. Hold bitcoin means trust that bitcoin price will rise again so don't sell now. I tend to always hold my bitcoin but when the price reach the peak at bullish market then I sell it.

[Webetcoins]

Should you hodl forever?  Does everyone have a price?  What is yours?   

Holding Bitcoin is also like holding money or assets and I believe it adds to your net worth. It is just like buying and holding a piece of land, which you know that the worth can either go up or down in the future, and whether it goes up or down, your worth will be the current value of the asset you’re holding.

So, if you’re bitcoin and let’s say that you didn’t want to sell it , you still have money whether you sell it or not and the more the value increases the more your net worth is increasing which is really good. The thing is that Bitcoin is limited and you can’t spend it as you do real currency.

[isaac_clarke22]

Everyone has their own price, OP.
51k right now isn't profit for anybody. I stumbled upon one thread that the OP isn't really happy at price surge.
Everyone only has their own %-age in profit/loss.

Hodling forever? If you're already starving and falling behind bills, I don't think there's still reason to hodl further.

[businessgirl]

When someone buy bitcoin he has also made goal to make a specific profit. When specific profit achieved investors used this profit for their own other source.
Holding for whole time is not a key to earn more. Buy on right time sell on right time is key.

[Dutchyyy]

Should you hodl forever?  Does everyone have a price?  What is yours?   

I think it's hard to say that you make money if you just hold your Bitcoins. Rather, while the price of Bitcoin is rising this is accumulation of capital.

Because you don't really get anything during that time until you sell a coin. This is not an asset from which you can receive any passive incomes. This is my point of view.

[pixie85]

Actually, when your portfolio grows more than your principal amount you can say you made money. Hodl Forever means how many years you should clear it? Nobody is going to hold forever whenever he/she achieves its set target he/she will sell their coins. Even some traders never decide whether to sell or not and about me, I will hold until and unless I achieve my set target.

It's even much simpler.

Some people got their bitcoin from giveaways or faucets for free. If that money grew 500% in the last year they made money even without selling. They had free money and now that free money is worth a lot more money

When you have a house you also say that you have the worth of that house even without selling it. That house can lose value when a storm hits it or a fire or a flood...

[Sanugarid]

Should you hodl forever?  Does everyone have a price?  What is yours?   

Absolutely not. You should have included your target price to sell all your BTC when the time comes and it's not really good to hold until you get old. We don't really know what will happen for the next 10 yrs in BTC. Maybe it might be gone after that very long time. My point is, taking profit for like 5x or 10x is not bad so that you will never miss the opportunity to sell.

[milani]

Imagine that you made investment into gold or real estate for example. Can you say that you make money? Yes, of course. You just haven't sold your part in it yet, but your money, that you spent, is working in this investment. The other thing when are going to cash it out and is it really important for you right now. In case you desire to get your income nowadays of course you may and will get your profit physically nowadays in your native money or dollars or whatever. In case you would like to keep your invested money touchless till some moment will come you may leave them in the invested part. But they will still be working. It is like passive part, but it exists and is considered to be your asset. The same situation is with Bitcoin and crypto. The main important thing in this story is only your choice - to hold or not. And the key moment is to keep your finger on the pulse in order not to loose everything.

[Pandji02]

Of course you can. It's your fund. You making money when it goes bullish and losing them when it goes bearish.

[Bilgent]

I think nobody will HODL forever. If we do that, how will we use our profit to buy something in the end?  I think one could set a goal to reach and HODL his/her coins until that point. Then he/she can decide what to do.